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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (3624)	6/12/1998 3:45:00 PM
From: wizzards wine	Read Replies (1) of 34810

Tom, your perspective regarding Rubin and the effect he will have on Asia is very interesting. This would lead one to look toward companies that have been beaten down by their exposure there as candidates for purchase when the Bullish Percentage Indexes reverse back into X's, as in the long run they should be a win/win combination. On an aside, this afternoons buying after further lows for many of the stocks shows that many are still buying the dips, not really seeing the whole picture....that being the market slipping even further down. They will be the ones in the next few weeks, saying "gee but we got such a good deal, I wonder why its gone down since my purchase?" Later Preston

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